• Replenishment/ Financial Planner (Beauty)

    Work Location US-NY-New York
    GBG Beauty
  • Specific Responsibilities

    Strategy & Innovation

    • Participate in development of new methodologies, as needed, to improve planning process and results.
    • Complete Merchandise and Account Plans for the Licensor Forecast. This is done monthly, quarterly and annually.
    • Complete Monthly Budget Forecast by Account to detail Actual and Projected Monthly Shipping vs. Budget.
    • Assist the Sales Team with buy and pricing suggestions to help mediate markdowns and margin support.

    Inventory Planning

    • Review and approve all Replenishment inventory purchases in accordance with approval matrix and ensure all buys are in line with OTB schedules. Point person for Production team.
    • Monitor Weeks of Supply as well as turn for all Replenishment programs.
    • Produce weekly availability reports and monitor Aged Inventory for all Replenishment styles.

    Replenishment Planning  

    • Lead the replenishment planning process for mass market accounts and any other major accounts required.
    • Create and maintain account ladders building seasonal forecasts by account/brand/product category/style based on shipping history, forecasts, sell thru trends, roll outs, number of doors, etc., and adjust for changes in trend on a weekly basis.
    • Review sales ladders, placements and availability with internal Planning and Sales Management weekly.
    • Strategize with accounts to analyze the businesses, suggest models/inventory levels, maximize current replenishment sku's and identify opportunities.
    • Partner with mass market account's replenishment team to manage store inventory (in-stocks/supplier stats report, special requests for store/sales analysis, quick view report, segmentation. tool analysis, sku/store selling review, Markdown and carry forward information, recommendations for store dd - min/max adjustments, profile review).
    • Prepare weekly reports as required by accounts.
    • Build and maintain successful partnerships with planners at key retailers on OTB’s to strategize maintaining model stocks, identify opportunities & reduce risk.
    • Engage/Interact with buying/planning team in meetings with mass market accounts to establish strong partnerships.
    • Assist Sales VP in day to day activities acting as backup to accounts when needed.
    • Use of retailer’s online systems to manage their Replenishment business.
    • Maintain Replenishment material attributes through TSG tracker.

    Skills and Requirements

    • Bachelor's degree.
    • 5-7 years of replenishment/ inventory planning experience at a retail or consumer product environment.
    • Demonstrated experience in retail data analysis.
    • Systems experience with: SAP, Microsoft Excel (including Pivot Tables) and Retail Customer Portals such as Retail Link or POL.
    • Attention to detail, strong oral and written communication skills.
    • Proven self-starter who thrives in a fast-paced environment.
    • Experience with Mass Market Retailers is preferred.

    GBG USA Inc. is an Equal Opportunity Employer


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